32-Bit Microcontrollers Segment to Lead Automotive Microcontrollers Market

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Automotive Microcontrollers Market by Application
(Body Electronics, Chassis Powertrain,
Infotainment Telematics, Safety Security),
Technology (ACC, Blind Spot Detection, Park
Assist, TPMS), Vehicle, EV, Bit Size,
Connectivity, and Region - Global Forecast to 2022
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The major factors driving the growth of the
automotive microcontrollers market are the
increasing installations of advanced driver
assistance systems, stringent automotive safety
and security norms introduced by the government,
and rising preference of vehicle electrification
among OEMs and Tier I suppliers. Safety and
Security application holds the largest market
share in 2017 With the modernization of
vehicles, the number of microcontrollers employed
in a vehicle has increased. The microcontrollers
driven operations include advanced driver
assistance system, airbags, anti-lock brake
system, and others, which constitute the major
components of safety and security
application. The automotive microcontrollers
market for safety and security system is expected
to grow at the highest CAGR during the forecast
period. This can be attributed to the increasing
installation of safety features and ongoing legal
mandates pertaining to this application. PDF
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Passenger Cars Largest share of automotive
microcontrollers market in 2017 Growing
complexity in vehicle electronics, coupled with
increasingly stringent emission norms have
contributed to the growth of the global
automotive microcontrollers market for passenger
cars during the forecast period. The passenger
car segment is estimated to hold the largest
share of the automotive microcontrollers market
due to the increasing installation of safety
features. Also, safety mandates and regulations
across developed nations have incentivized the
OEMs to manufacture passenger cars that feature
advanced technologies. These factors have boosted
the microcontrollers market for passenger cars
across the globe. Request for Customization
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Safety and security system is estimated to hold
the largest market share of this market, by
application, due to increased adoption of
advanced single and multi-core microcontrollers
in an automobile. Factors contributing to the
growth of this segment include the mandates
related to safety and security features. These
include the mandatory installation of ABS in
passenger cars from 2018 in India and the
regulation regarding the installation of TPMS in
commercial vehicles in many countries of the
world. By bit-size segmentation, the market for
32-bit microcontrollers is estimated to
experience the highest growth during the forecast
period. With the advent of the era of electric
vehicles, the use of advanced power electronics
components has increased. The 32-bit
microcontrollers are widely used in all the major
advanced applications of electric as well as
conventional vehicles. Request Sample _at_
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Asia-Pacific Rapid vehicle electrification in
Chinese market is propelling the growth of
Asia-Pacific market With the convergence of ICT,
automotive, and transportation sectors, the
Asia-Pacific region has witnessed a growing
demand for technologically advanced cars. This
has resulted in the emergence of the advanced
vehicle ecosystem. Further, the upcoming safety
regulations would increase the installation of
automotive safety technologies in passenger cars.
The emergence of driving assistance technologies
have incentivized the OEMs to opt for efficient
microcontrollers to meet the ongoing market
requirement. Thus, the increasing use of
technology is expected to push the demand for
microcontrollers in cars in the Asia-Pacific
market. The key players in this market are
Infineon Technologies AG (Germany), Texas
Instruments, Inc. (U.S.), ON Semiconductor Corp.
(U.S.), STMicroelectronics N.V. (Switzerland),
Maxim Integrated Products, Inc. (U.S.), NXP
Semiconductors N.V. (Netherlands), Renesas
Electronics Corp. (Japan), and Toshiba Corp.
(Japan). Speak to analyst _at_ https//www.marketsan
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Market Ecosystem The ecosystem of the
automotive microcontrollers market consists of
manufacturers such as Toshiba Corp (Japan),
Infineon Technologies AG (Germany), NXP
Semiconductors (Netherlands), ON Semiconductor
(U.S.), and Analog Devices Inc. (U.S) and
research institutes such as the Japan Automobile
Manufacturers Association (JAMA), European
Automobile Manufacturers Association (EAMA),
Canadian Automobile Association (CAA), and Korea
Automobile Manufacturers Association
(KAMA). Buy Now https//www.marketsandmarke
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Browse gtgt 97 market data
tables 77 figures
201 pages and in-depth TOC "Automotive
Microcontrollers Market by Application (Body
Electronics, Chassis Powertrain, Infotainment
Telematics, Safety Security), Technology (ACC,
Blind Spot Detection, Park Assist, TPMS),
Vehicle, EV, Bit Size, Connectivity, and Region -
Global Forecast to 2022 Early buyers will
receive 10 customization on this
report. This study answers several questions
for the stakeholders, primarily which market
segments to focus on in the next two to five
years to prioritize efforts and investments.
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